The Southern-Tier Torah Advancement & Revitalization Foundation

Analysis

The Southern-Tier Torah Advancement & Revitalization Foundation is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Southern-Tier Torah Advancement & Revitalization Foundation reported income of $341k and spending of $346k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $341k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Southern-Tier Torah Advancement & Revitalization Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include Truthxchange Inc ($341k), A Touch of Gods Presence Ministries ($341k) and Church Assistance Ministry ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $119k (34% of expenses). Other salaries and wages came to $48k. At year end it held assets of $212k against liabilities of $115k, net assets of $97k. It reported 4 employees.